Groupon CFO Jason Child was on CNBC facing one his harsher critics in Jim Cramer.
Some of the key points he made:
He says revenue per customer has been increasing ever since Groupon launched.
Groupon is spending $700 million per year, and nearly break even. Child doesn't think it will need to spend more on marketing because at $700 million annually, it's plenty to grow going forward.
Cramer thought Groupon wasn't selling enough stock. Child said that floating $805 million, is sizable.
Groupon's big base of customers and merchants is its killer advantage.
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